Transaction in Own Shares

Team Internet Group PLC

20 December 2024

 

20 December 2024
Team Internet Group plc
("Team Internet" or the "Company")
Transaction in Own Shares
Team Internet Group plc (AIM: TIG, OTCQX: TIGXF), the global internet company that generates recurring revenue from creating meaningful and successful connections: businesses to domains, brands to consumers, publishers to advertisers, announces that on 19 December 2024 it purchased 159,345 ordinary shares of £0.001 each in the Company (the "Repurchased Shares"), pursuant to the share buyback programme (the "Buyback Programme") that was announced on 9 September 2024, as follows (together the "Transaction"):
Date of purchase		19 December 2024
Number of ordinary shares purchased		159,345
Highest price paid per ordinary share		91.8 pence
Lowest price paid per ordinary share		88.6 pence
Volume weighted average price paid per ordinary share		90.1007 pence
Total Voting Rights
Following the Transaction, the issued share capital of the Company remains unchanged at 273,500,000 and the Company now holds 20,719,064 shares in treasury. The total voting rights in the Company is now 252,780,936 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Team Internet under the FCA's Disclosure Guidance and Transparency Rules.
The Company will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own ordinary shares by the Company, which were all executed through the Company's broker, Zeus Capital Limited, are set out below:
Schedule of Purchases:
Shares purchased:	Team Internet Group plc  (ISIN: GB00BCCW4X83)
Date of purchases:	19 December 2024
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
159,345	90.1007	London Stock Exchange
Individual transactions:
Volume	Price	Time
1	90.0000 pence	08:00 UK
6	90.0000 pence	08:00 UK
1,891	90.0000 pence	08:05 UK
11,187	90.0000 pence	08:05 UK
2,106	89.0000 pence	08:23 UK
950	89.0000 pence	08:44 UK
6,282	89.0000 pence	08:44 UK
662	89.0000 pence	08:44 UK
1,516	88.6000 pence	08:44 UK
2,518	88.6000 pence	08:48 UK
888	88.6000 pence	08:48 UK
1,249	88.6000 pence	08:48 UK
887	88.6000 pence	08:50 UK
635	89.0000 pence	09:45 UK
4,615	89.0000 pence	09:45 UK
1,750	89.0000 pence	09:45 UK
1,096	89.0000 pence	09:45 UK
1,872	89.0000 pence	09:45 UK
198	89.0000 pence	09:45 UK
334	89.0000 pence	09:45 UK
1,059	89.0000 pence	09:47 UK
976	89.0000 pence	09:51 UK
947	89.0000 pence	10:07 UK
1,302	89.0000 pence	10:58 UK
966	89.0000 pence	10:58 UK
127	89.0000 pence	11:01 UK
127	89.0000 pence	11:01 UK
5,123	89.0000 pence	11:01 UK
3,873	89.0000 pence	11:01 UK
894	88.6000 pence	11:01 UK
1,010	88.6000 pence	11:01 UK
4,034	88.6000 pence	11:01 UK
1,456	88.6000 pence	11:01 UK
432	88.6000 pence	11:01 UK
667	88.6000 pence	11:01 UK
78	88.6000 pence	11:02 UK
1,401	88.6000 pence	11:28 UK
4	89.7000 pence	15:00 UK
844	89.7000 pence	15:00 UK
4,288	89.7000 pence	15:00 UK
800	89.7000 pence	15:00 UK
154	89.7000 pence	15:00 UK
128	89.7000 pence	15:00 UK
90	89.7000 pence	15:00 UK
55	89.6000 pence	15:05 UK
249	90.8000 pence	15:40 UK
3,365	90.8000 pence	15:40 UK
30	90.8000 pence	15:40 UK
2,000	90.8000 pence	15:40 UK
4,221	90.8000 pence	15:40 UK
135	90.8000 pence	15:40 UK
3,939	90.6000 pence	15:40 UK
2,495	91.6000 pence	15:48 UK
1,800	91.6000 pence	15:48 UK
1,306	91.6000 pence	15:48 UK
1,400	91.6000 pence	15:48 UK
2,294	91.6000 pence	15:48 UK
36	91.2000 pence	15:49 UK
783	91.2000 pence	15:56 UK
3,373	91.8000 pence	15:56 UK
1,913	91.2000 pence	15:56 UK
34	91.2000 pence	16:00 UK
2,373	91.2000 pence	16:00 UK
49	91.2000 pence	16:04 UK
2,070	91.2000 pence	16:04 UK
7,742	91.2000 pence	16:04 UK
2,077	91.0000 pence	16:06 UK
132	91.0000 pence	16:06 UK
6,500	91.0000 pence	16:06 UK
58	91.0000 pence	16:06 UK
1,233	91.0000 pence	16:06 UK
252	91.0000 pence	16:06 UK
2,000	91.0000 pence	16:06 UK
660	91.0000 pence	16:06 UK
2,000	91.0000 pence	16:06 UK
75	91.0000 pence	16:08 UK
1	91.0000 pence	16:09 UK
5,012	90.5000 pence	16:14 UK
5,000	90.5000 pence	16:14 UK
13	90.5000 pence	16:14 UK
887	90.5000 pence	16:14 UK
887	90.5000 pence	16:14 UK
1,321	90.5000 pence	16:14 UK
1,792	90.5000 pence	16:14 UK
100	90.5000 pence	16:14 UK
5,000	91.0000 pence	16:24 UK
18	90.0000 pence	16:29 UK
30	90.0000 pence	16:29 UK
442	90.0000 pence	16:35 UK
442	90.0000 pence	16:35 UK
2,976	90.0000 pence	16:35 UK
7,352	90.0000 pence	16:35 UK
Team Internet Group plc		[phone]
Michael Riedl, Chief Executive Officer
William Green, Chief Financial Officer
Zeus (NOMAD and Joint Broker)
Nick Cowles / James Edis (Investment Banking)		[phone]
Dominic King (Corporate Broking)		[phone]
Berenberg (Joint Broker)		[phone]
Mark Whitmore / Richard Andrews /  Alix Mecklenburg-Solodkoff
SEC Newgate (for Media)		[phone]
Bob Huxford / Tom Carnegie / Harry Handyside		[e-mail]
About Team Internet Group plc
Team Internet (AIM: TIG, OTCQX: TIGXF) creates meaningful and successful connections from businesses to domains, brands to consumers, publishers to advertisers, enabling everyone to realise their digital ambitions. The Company is a leading global internet solutions company that operates in two highly attractive markets: high-growth digital advertising (Online Marketing segment) and domain name management solutions (Online Presence segment). The company's Online Marketing segment creates privacy-safe and AI-generated online consumer journeys that convert general interest online media users into confident high conviction consumers through advertorial and review websites. The Online Presence segment is a critical constituent of the global online presence and productivity tool ecosystem, where Team Internet serves as the primary distribution channel for a wide range of digital products. The company's high-quality earnings come from subscription recurring revenues in the Online Presence segment and revenue share on rolling utility-style contracts in the Online Marketing segment.
For more information please visit: www.teaminternet.com

 

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